Economic Development Specialist Salary

Economic Development Specialists in the United States can expect to earn an average of $49K annually. Women are just slightly outnumbered, with male Economic Development Specialists making up 59 percent of survey respondents. For the most part, Economic Development Specialists enjoy their work and report high levels of job satisfaction. Medical benefits are awarded to nearly all, and most earn dental coverage. This snapshot results from replies to PayScale's salary survey.

$34,364 - $81,260
(Median)
$34K
$49K
$81K
MEDIAN: $49,232
10%
50%
90%

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$13.07 - $58.72
(Median)
$13
$21
$59
MEDIAN: $21.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$29K$58K$87K
Salary
$34,364 - $81,260  
   
Bonus
$0.00 - $6,183  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,715 - $84,428  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 114
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$20$40$60
Hourly Rate
$13.07 - $58.72  
   
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $6,183  
   
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,715 - $84,428  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 12
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Economic Development Specialist Job Listings

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Economic Development Specialists report a focused set of job skills. Fortunate workers who know Business Development can expect a significant pay bump, scoring salaries 27 percent above average. Skills that pay less than market rate include Project Management.

Pay by Experience Level for Economic Development Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


The average inexperienced worker earns $45K, and someone who has worked for five to 10 years can expect a bigger median salary of $57K. Economic Development Specialists claiming one to two decades of experience make an estimated median of $75K. Economic Development Specialists who claim more than two decades of experience actually make somewhat smaller average paychecks of $69K.

Economic Development Specialist Advice

What do you wish you knew about your job when you first started out?

Economic Development Specialist in Rome:
"Think Long Term."
Always surround yourself with good leaders.

Related Job Salaries

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Experience Affects Economic Development Specialist Salaries

Experienced
up arrow 52%

Late-Career
up arrow 40%

Mid-Career
up arrow 16%

National Average
$49,000

Entry-Level
up arrow 8%

Skills That Affect Economic Development Specialist Salaries

Business Development
up arrow 27%

National Average
$49,000

Project Management
up arrow 6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 19 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
6%
1-4 years
51%
5-9 years
20%
10-19 years
17%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 81%
vision benefits Vision: 61% employee benefits None: 5%
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